Planet Home Lending opens new Midwest branches

Expansion allows lender to offer more products and services in the region

Planet Home Lending opens new Midwest branches

Residential mortgage lender Planet Home Lending has expanded its presence in the Midwest, opening four new branches in Chicago, Canton, Mich., Cincinnati, and Indianapolis.

"Planet Home Lending is a great fit for the Midwest because we offer loans homeowners here need, including local down payment assistance programs," said Fobby Naghmi, senior vice president and Eastern division manager at Planet Home. "Planet Home Lending has products and strategies to tackle those challenges. We know how to apply the underwriting rules to consumers' existing personal finances to give them tailored home loan choices, instead of pushing them into a one-size-fits-all loan."

Brian Kedzior will manage the Chicago branch, according to Planet Home. Branch manager Willie McGuire and loan officer assistant (LOA) Noelle Hanna will spearhead the Canton branch. Meanwhile, area manager John Sanders and branch manager Robert Verne will both lead the Cincinnati branch, and Ryan Higley will manage the Indianapolis branch.

"They're experts in jumbo home loans and lend up to $6 million at competitive rates,” said Mike Lee, executive vice president of national sales at Planet Home Lending. “They also have jumbo home loans with appealing features, like a no-mortgage insurance option."